Cheque Bounce: High Court Cannot Override Agreement Between the Parties For Compounding of Offence U/s 138 NI Act, Rules Supreme Court

The Supreme Court on Wednesday ruled that High Court cannot override agreement between the parties to compound the offence U/s 138 NI Act. The bench of Justices Krishna Murari and V. Ramasubramanian was dealing with the appeal challenging the judgment and order passed by the Hyderabad High Court. In this case, on a private complaint

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